#airbnbbusiness
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Summary
AI-generatedThe host shares details on a short-term rental arbitrage deal on a studio loft in Philadelphia. The host rented the unit for $1,300/month on a 2-year lease with a concession of 2 months rent per year. After listing the unit on June 1, 2024, the studio apartment made $21,789 with an 86.9% occupancy rate. The host expects the property to make $34.3k by May 2025.
Key insights
In 5 months, the short-term rental unit covered all yearly expenses.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial